Comtech Telecommunications Cp Stock Price, News & Analysis

Comtech Telecommunications Corp. (NASDAQ: CMTL) has announced that Timothy Jenkins will succeed Kent Hellebust as the President of its Safety and Security Technologies product group, effective June 1, 2022. Jenkins, who has been with Comtech for over three years, has a strong background in the public safety and 911 industry spanning over 28 years. Hellebust is retiring after a decade at Comtech, during which he significantly contributed to the growth of the next-generation 911 product line. CEO Mike Porcelain praised Jenkins for his leadership and contributions to the organization.

Comtech Telecommunications Corp. (NASDAQ: CMTL) appointed Ken Peterman, a veteran in satellite communication and U.S. government contracting, to its Board of Directors on May 10, 2022. Peterman's extensive experience includes leadership roles at Viasat, Raytheon, and ITT/Exelis. His expertise is expected to enhance Comtech's strategic direction in Failsafe Communications. CEO Michael Porcelain highlighted Peterman's unique skill set as pivotal for the company's growth and success in the global market.

Comtech Telecommunications Corp. (NASDAQ: CMTL) will present at NobleCon18, Noble Capital Markets' Eighteenth Annual Investor Conference on April 20, 2022, at 4:30 pm EDT in Hollywood, Florida. The company will discuss its offerings and growth opportunities, with breakout sessions scheduled for April 20 at 1:45 pm EDT and April 21 at 12:15 pm EDT. A webcast of the presentation will be available on Comtech's website and Noble's conference platform, and will be archived for a limited time. Comtech specializes in next-generation 911 emergency systems and secure wireless technologies.

Comtech Telecommunications Corp. (NASDAQ: CMTL) announced its partnership with SES to supply gateway and user terminal antenna systems for the second-generation O3b mPOWER Medium Earth Orbit (MEO) satellite constellation. Manufactured at Comtech's new technology center in Basingstoke, UK, these antennas support non-geostationary constellations and offer technical advantages over traditional systems. The facility aims to enhance Failsafe Communications, ensuring reliable connectivity amid various challenges. O3b mPOWER is set to launch soon, providing high-speed connectivity services.

Comtech Telecommunications Corp. (NASDAQ: CMTL) has appointed Robert Samuels as Vice President of Investor Relations and Corporate Communications, a role aimed at enhancing shareholder engagement. With over 20 years of experience on Wall Street, including significant contributions at UBS, Samuels has a proven track record of driving investment performance. CEO Michael Porcelain expressed confidence in Samuels' ability to amplify Comtech's narrative and financial transparency. Comtech focuses on Failsafe Communications, vital for public safety and operational reliability.

Comtech Telecommunications Corp. (NASDAQ: CMTL) has appointed Maria Hedden as its new Chief Operating Officer to enhance operational efficiency and customer satisfaction. With over 20 years of experience in the defense and communications sectors, including roles at BAE Systems and Leidos, Hedden is expected to streamline production and improve delivery schedules. The goal is to scale Comtech into a leading provider of Failsafe Communications. CEO Michael Porcelain emphasized the importance of operational excellence in achieving this vision.

Comtech Telecommunications Corp. (NASDAQ: CMTL) has donated its COMET™ troposcatter systems to support the Ukrainian government amid ongoing crisis. The donation aims to enhance communications in challenging conditions, fulfilling a specific request from Ukraine. Since 2017, Comtech has aided the Ukrainian Ministry of Defense with communication upgrades. CEO Michael Porcelain emphasized the critical importance of reliable communication during the conflict and expressed hope for peace negotiations between Ukraine and Russia.

Comtech Telecommunications Corp. (NASDAQ: CMTL) has declared a quarterly cash dividend of $0.10 per common share, payable on May 20, 2022, to shareholders of record by April 20, 2022. This marks the company's forty-seventh consecutive quarterly dividend. The continuation of future dividends is contingent upon compliance with financial covenants and Board approval. Comtech is a global provider of next-generation 911 emergency systems and secure wireless communications technologies, serving both commercial and government sectors.

Comtech Telecommunications Corp. (NASDAQ: CMTL) announced its second quarter fiscal 2022 financial results on March 10, 2022, and updated its financial targets for the year. The new investment letter format aims to simplify discussions on performance and strategic progress. Investors can access detailed results via the company's website. An earnings conference call is scheduled for 4:30 PM ET today. Comtech specializes in next-generation 911 emergency systems and secure wireless technologies for commercial and government clients worldwide.